Mefcom Agro Industries Board to consider bonus issue on January 31

Mefcom Agro Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 31, 2007, inter alia, to consider & discuss the following business:

1. Issue of Forfeited Shares.

2. Issue of Shares on Preferential basis.

3. Issue of Bonus Shares.

4. Increase in Authorised Capital of the Company.

"Now the Company has clarified that, a meeting of the Board of Directors of the Company will be held on January 31, 2007, not for consideration of the items mentioned above but to consider and discuss the Date, Venue and Agenda of EGM."

Source : Equity Bulls

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